1331 Sharazad Blvd, Opa-locka, 33054

  • $18,540,000

Buy

Opa-locka

1331 Sharazad Blvd, Opa-locka, 33054

Opa-locka

  • $18,540,000

Quick Details

MLS #: A11750314
  • 129583
  • Lot sqft
  • 1952
  • Year Built

Description

Opa-Locka multifamily portfolio with 102 units, mostly two-bedroom units, offering higher returns and strong cash flow. One-bedroom units in the area are selling for $180K per door, making this an excellent investment opportunity.

Section 8 rents are now above market rates, ensuring consistent premium rental income.

Located in Miami’s growing Opa-Locka neighborhood, this portfolio includes five properties:

2301 Atlantic Ave (24 units) – All two-bedroom units
13240 Port Said Rd (24 units) – 22 two-bedroom, 2 one-bedroom
1219 Sharazad Blvd (38 units) – 24 two-bedroom, 8 one-bedroom, 6 studios
2070 Ali Baba Ave (8 units) – 6 two-bedroom, 2 one-bedroom
1331 Sharazad Blvd (8 units) – 4 one-bedroom, 4 studios

Cap rate is 6.5% with a pro-forma of 8.61%.

  • Address 1331 Sharazad Blvd
  • City Opa-locka
  • State/county Florida
  • Zip/Postal Code 33054
  • Area Miami-dade County

Details

  • MLS #: A11750314
  • Price: $18,540,000
  • Land Area: 129583 sqft
  • Year Built: 1952
  • Property Status: Buy
Listed by Francisco Campos · Fausto Commercial Realty Consultants Inc - Updated on February 23, 2025 at 7:01 pm

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For more information about this for Buy currently listed for $18540000 located in 1331 Sharazad Blvd Opa-locka, Florida 33054 please call our real estate office at 1-(305) 728-0840

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